Steel Authority of India (SAIL) is currently trading at Rs. 62.90, up by 0.25 points or 0.40% from its previous closing of Rs. 62.65 on the BSE.
The scrip opened at Rs. 62.15 and has touched a high and low of Rs. 63.25 and Rs. 62.15 respectively. So far 36388 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.90 on 09-Jun-2014 and a 52 week low of Rs. 60.60 on 05-Jun-2015.
Last one week high and low of the scrip stood at Rs. 66.40 and Rs. 60.60 respectively. The current market cap of the company is Rs. 26042.96 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 21.41% and 3.58% respectively.
SAIL is aiming to produce 50 million tonnes per annum (MTPA) of steel by 2025 at an estimated investment of Rs 1,50,000 crore. The company’s steel plants are being expanded from a capacity of 13 MTPA to 23 MTPA, at an investment of Rs 61,000 crore.
Last year, the ministry placed a special emphasis on timely completion of modernisation and expansion of public sector companies under the Ministry of Steel.
SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
